Analyst’s Review to Watch: Regal Entertainment Group (NYSE:RGC)

Regal Entertainment Group (NYSE:RGC) shares traded -1.51% down during most recent session to reach at the closing price of $20.2. The stock exchanged hands 2.44 Million shares versus average trading capacity of 1.72 Million shares, yielding a market cap of $3.16 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $25.06 within the next 52-weeks. The mean target projections are based on 17 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Regal Entertainment Group (NYSE:RGC) high price target of $31 and with a conservative view have low price target of $19.

Loop Capital “Upgrades” Regal Entertainment Group (NYSE:RGC) in a research note issued to investors on 5/16/17 to Buy with price target of $0.

Additionally on 2/01/17 Credit Suisse “Downgrades” Regal Entertainment Group (NYSE:RGC) to Underperform setting price target at $0 and on 10/31/16 B. Riley “Upgrades” the stock to Buy. Furthermore on 8/24/16 Loop Capital “Initiates Coverage on” the stock to Hold.

On the other hand the company has Relative Strength Index (RSI 14) of 33.21 along with Average True Range (ATR 14) of 0.46, Consequently Regal Entertainment Group (NYSE:RGC)’s weekly and monthly volatility is 1.97%, 2.23% respectively. The company’s beta value is at 0.92.

In terms of Buy, Sell or Hold recommendations, Regal Entertainment Group (NYSE:RGC) has analysts’ mean recommendation of 2.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Regal Entertainment Group (NYSE:RGC)’s minimum EPS for the current quarter is at $0.28 and can go high up to $0.38. The consensus mean EPS for the current quarter is at $0.33 derived from a total of 18 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.23 earnings per share for the same quarter during last year.

Previously Regal Entertainment Group (NYSE:RGC) reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $-0.01. The company posted an earnings surprise of -3%.

While considering growth estimates of the company, it has next quarter growth estimates of -24.1% whereas during current quarter it has 43.5% estimations over growth, comparing to the estimations of 12.6% during current year and 8.8% for next year. Past 5 years growth of Regal Entertainment Group (NYSE:RGC) observed at 6.52%, looking forward for the next 5 years it has a strong prediction of 7.22% over growth.

Regal Entertainment Group (NYSE:RGC)’s revenue estimates for the current quarter are $835.11 Million according to 18 number of analysts, for the current quarter the company has high revenue estimates of $862.04 Million in contradiction of low revenue estimates of $813 Million. For the current year the company’s revenue estimates are $3.31 Billion compared to low analyst estimates of $3.18 Billion and high estimates of $3.38 Billion according to 19 number of analysts.

Currently Regal Entertainment Group (NYSE:RGC)’s shares owned by insiders are 1.7%, whereas shares owned by institutional owners are 65.4%. However the six-month change in the insider ownership was recorded -1.72%, as well as three-month change in the institutional ownership was recorded 6.72%.

Regal Entertainment Group (NYSE:RGC) 52-week high price stands at $24.79 and low price stands at $19.35, its price distance from 52-week high is -18.52% while its distance from 52-week low price is 4.39%. The stock hit its 52-week high on 11/17/16, and 52-week low on 06/14/16.

Regal Entertainment Group (NYSE:RGC)’s trailing twelve month revenues are $3.23 Billion, whereas its price to sales ratio for the same period is 0.97. Its book value per share for the most recent quarter is $-5.29 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $2.63, however its price to cash per share ratio for the same period is 7.68. The stock has 5 year expected PEG ratio of 2.57 whereas its trailing twelve month P/E ratio is 18.53.

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